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The Latest Breaking News from Economy

Trump Unveils Slew Of New Tariffs, Punishes Canada

President Donald Trump unveiled new tariffs Thursday on nearly 70 countries -- including a blistering 35 percent on neighbor Canada -- as he seeks to reshape global trade to benefit the US economy.

International Business Times

Trump Orders Tariffs On Dozens Of Countries In Push To Reshape Global Trade

President Donald Trump ordered the reimposition of tariffs on dozens of trading partners Thursday -- his cornerstone strategy for reshaping global trade to benefit the US economy.

International Business Times

We’re backing Scotland with billions in investment, says Reeves ahead of visit

The Chancellor vowed the UK Government will seize the ‘huge potential and opportunities that Scotland has to offer’.

The Independent UK

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Economy is getting worse under Trump’s leadership, Americans say in new poll on eve of his tariff D-Day

Trump has announced a new wave of countries affecting dozens of countries - but American voters are not impressed with his strategy

The Independent UK

'I Hope You're Losing Tons of Money': Jeff Daniels Blasts Trump Supporters Over Economic Fallout

Jeff Daniels may be known for his wide-ranging film roles — from the slapstick Harry in "Dumb and Dumber" to a serious Atticus Finch on Broadway — but his latest comments about politics and the economy have drawn attention for a very different reason.

Benzinga

Loss of TPS for Venezuelans Begins to Impact South Florida's Economy, Report Finds

Studies suggest the loss of TPS could shrink the U.S. economy by $13.4 billion annually due to reduced consumer spending. Businesses in South Florida are already facing the repercussions.

Latin Times

Choucri Mansour Builds a Legal Practice That Helps Immigrant-Owned Businesses Gain Ground in the U.S.

Choucri Mansour, founder of Mansour Legal Services, MLS Global APC, represents a new breed of legal practitioner who understands that in our hyperconnected world, the old way of doing business—where clients bounce between multiple law firms, tax advisors, and compliance specialists—is not just inefficient, it's economically destructive.

International Business Times

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Jamie Dimon is holding secret meetings with Trump on economy as ice thaws between the two

JPMorgan Chase CEO reportedly used meetings to defend Federal Reserve Chair Jerome Powell

The Independent UK

Business lobby rejects proposed company tax overhaul

The corporate sector is rallying against calls for a new cashflow tax for businesses, while small companies would have their rate cut under the reforms.

AAP

Former Trump official Gary Cohn flags 'warnings below the surface' for the economy: 'Consumers are not out there willfully spending money'

Cohn, a longtime tariff critic, says the economy looks good if you focus on topline data, but people are holding onto jobs and cutting back on Starbucks.

Fortune

Trump's EPA is targeting key vehicle pollution rules. What that means for carmakers

The Environmental Protection Agency plans to relax rules aimed at reducing auto tailpipe emissions

The Independent UK

Millions of motorists could be owed compensation for car finance mis-selling ahead of Supreme Court decision

‘This decision could have ramifications across the economy,’ Martin Lewis has warned

The Independent UK

JP Morgan CEO Says U.S. Economy Still Strong Despite Challenges — Is He Right?

JPMorgan’s CEO says the U.S. economy is still strong—despite inflation and global risks. Is he right, or is trouble ahead for American markets?

GOBankingRates

4 of the Most Reliable Hybrid Cars in 2025

Looking for a dependable hybrid in 2025? These 4 models stand out for reliability, fuel efficiency and long-term value. See which ones made the list.

GOBankingRates

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The National (Scotland)

'Keir' name goes extinct after Starmer comes to power

KEIR Starmer can’t stop his party from tanking in the polls. He can’t stop the economy spiralling the drain.

The Conversation

Strengthening collective labor rights can help reduce economic inequality

Despite the strength of the U.S. economy, the gap between rich and poor Americans is increasing.

The Guardian - AU

Productivity Commission proposes biggest company tax rate cut in 40 years

A 20% cut for small and medium businesses put forward as part of commission’s report on how to create more dynamic and resilient economy

Fortune

Indonesia bets a new sovereign wealth fund will finally unlock its potential

Rosan Roselani, Danatara CEO and ally of president Prabowo Subianto, needs to streamline Indonesia's lumbering state-owned giants.

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Euronews

Albanese: 'Sanctions against me? An attack on the heart of multilateralism'

Wednesday marked the end of the two-day presentation in the Italian Parliament of the latest report by the UN Special Rapporteur for the Occupied Palestinian Territories, Francesca Albanese, recently sanctioned by the United States

International Business Times

Hong Kong Sees 3.1% Growth In Second Quarter

Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take advantage of US tariff easing.

GOBankingRates

Top 5 Ways Trump’s Policies Could Help Rich People in Need

If you ask your average American, nothing is sadder than a billionaire having to pay too much in taxes, right? Especially in this economy.

Barchart

Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this morning as forecast-beating quarterly results from Meta and Microsoft boosted sentiment.

Benzinga

Stock Market Today: S&P 500, Nasdaq To Open Higher After Robust Meta, Microsoft Earnings—Investors Await Apple, Amazon Results

U.S. stock futures rose on Thursday after ending on a mixed note on Wednesday. Futures of major benchmark indices were higher, except for the small-cap gauge Russell 2000.

The Independent UK

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

Euronews

Fed's Powell leaves interest rates unchanged despite Trump demands

The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, as was expected.

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